Dairy and related products priced at $20 in 2000 $27.07 in 2019

Historical Price Inflation for Dairy and related products

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Prices for Dairy And Related Products, 2000-2019 ($20)

According to the U.S. Bureau of Labor Statistics, prices for dairy and related products were 35.33% higher in 2019 versus 2000 (a $7.07 difference in value).

Between 2000 and 2019: Dairy and related products experienced an average inflation rate of 1.61% per year. In other words, dairy and related products costing $20 in the year 2000 would cost $27.07 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 2.08% during this same period, inflation for dairy and related products was lower.

In the year 2000: Pricing changed by 0.66%, which is below the average yearly change for dairy and related products during the 2000-2019 time period. Compared to inflation for all items in 2000 (3.38%), inflation for dairy and related products was lower.

Price Inflation for Dairy and related products since 1989

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1990 (9.42%), 2008 (8.02%), and 2007 (7.39%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Dairy and related products:

Year 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
CPI 115.600 126.492 125.083 128.508 129.367 131.742 132.833 142.092 145.500 150.767 159.575 160.625 167.058 168.108 167.875 180.200 182.383 181.358 194.769 210.396 197.013 199.245 212.759 217.213 217.529 225.327 222.432 217.320 217.471 216.476 217.379

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Buying power of $20 since 2000

Below are calculations of equivalent buying power for Dairy and related products, over time, for $20 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2000 $20.00 0.66%
2001 $20.80 4.01%
2002 $20.93 0.63%
2003 $20.90 -0.14%
2004 $22.44 7.34%
2005 $22.71 1.21%
2006 $22.58 -0.56%
2007 $24.25 7.39%
2008 $26.20 8.02%
2009 $24.53 -6.36%
2010 $24.81 1.13%
2011 $26.49 6.78%
2012 $27.05 2.09%
2013 $27.09 0.15%
2014 $28.06 3.58%
2015 $27.70 -1.28%
2016 $27.06 -2.30%
2017 $27.08 0.07%
2018 $26.95 -0.46%
2019 $27.07 0.42%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for dairy and related products, 2000-2019

Start with the inflation rate formula:

CPI in 2019 / CPI in 2000 * 2000 USD value = 2019 USD value

Then plug in historical CPI values from above. The CPI for Dairy and related products was 160.625 in the year 2000 and 217.379 in 2019:

217.379 / 160.625 * $20 = $27.07

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $27.07 in 2019 (in the CPI category of Dairy and related products).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Dairy and related products in 1989. In addition to dairy and related products, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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